Why is Photochain a great use case for true blockchain based business model?With our p2p platform you keep the ownership of your own images, thus being able to set your own pricing and your own licensing type.Blockchain allows instant payments in a matter of seconds. In many existing platforms, you are paid once per month for all the licenses sold during the month.Blockchain also allows better copyright protection services. In current stock photography platforms, a manual team of people and compare if photos are copies of each other. However, this is time consuming and expensive. Blockchain allows each uploaded image to be analysed and compared to each other image in the decentralized database in a few moments to check for copyright infringement. A decentralized digital chain of ownership is maintained and therefore any image uploaded not by the indicated owner is immediately known.All this improvement in services is what allows fees charged to photographers to be reduced from as much as 90% down to as little as 5%. Blockchain essentially automises, transfers data more efficiently and helps keep track of ownership much more effectively than existing systems can.https://photochain.io/ via /r/icocrypto https://ift.tt/2rKLFLS
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